English     |     Español     |     Français
Exporting to Canada - Experts in trade for developing countries - TFO Canada
HIDE
  
Sign In or Register
Username:     Password:
 
Remember me   Forgot password?
Not a member? Register here
Not a member? Register here    
Home > About TFO Canada > News

Trade News

Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.

 

Sri Lanka's export earnings at a higher level in March of this year

Wednesday, June 03, 2015 > 10:41:16
Print


(Sri Lanka Broadcasting Corporation)

The Central Bank of Sri Lanka says that the country's external sector has strengthened with the trade deficit contracting in March of this year. Earnings from exports remained largely unchanged, while expenditure on imports declined during the month compared to the previous year. A central bank report further said that export Performance Earnings have declined to US dollars 1,060 million in March. The leading markets for merchandise exports of Sri Lanka during the first three months of 2015 were the USA, UK, India, China and Germany accounting for about 51 per cent of total exports. Tourist arrivals grew at a rate of 18.0 per cent, year-on-year, to 157,051 in March 2015. Accordingly, tourist arrivals during the first quarter of the year amounted to 478,838.  The cumulative inflow from workers’ remittances increased marginally by 1.0 per cent to US dollars 1,679.4 million during the first quarter of 2015 in comparison to the corresponding period of 2014. The banks adds that Sri Lanka’s gross official reserves as at end March 2015 are estimated to be US dollars 6.8 billion.

The Central Bank of Sri Lanka says that the country's external sector has strengthened with the trade deficit contracting in March of this year. Earnings from exports remained largely unchanged, while expenditure on imports declined during the month compared to the previous year. A central bank report further said that export Performance Earnings have declined to US dollars 1,060 million in March. The leading markets for merchandise exports of Sri Lanka during the first three months of 2015 were the USA, UK, India, China and Germany accounting for about 51 per cent of total exports. Tourist arrivals grew at a rate of 18.0 per cent, year-on-year, to 157,051 in March 2015. Accordingly, tourist arrivals during the first quarter of the year amounted to 478,838.  The cumulative inflow from workers’ remittances increased marginally by 1.0 per cent to US dollars 1,679.4 million during the first quarter of 2015 in comparison to the corresponding period of 2014. The banks adds that Sri Lanka’s gross official reserves as at end March 2015 are estimated to be US dollars 6.8 billion.


Contact TFO Canada
Meet Our Supporters
TFO Canada
130 Slater Street
Suite 1025
Ottawa, Ontario
CANADA   K1P 6E2
T 1.613.233.3925
F 1.613.233.7860
Canada Toll-Free:
1.800.267.9674
 
© TFO Canada   |   Sitemap   |   Terms & Conditions   |   Privacy Policy   |   Contact Us